UNIVERSITY OF VIRGINIA BOARD OF VISITORS MEETING OF THE EXTERNAL AFFAIRS COMMITTEE JUNE 12, 2009

Transcription

1 UNIVERSITY OF VIRGINIA BOARD OF VISITORS MEETING OF THE EXTERNAL AFFAIRS COMMITTEE JUNE 12, 2009

2 EXTERNAL AFFAIRS COMMITTEE Friday, June 12, :30 11:15 a.m. Board Room, The Rotunda Committee Members: A. Macdonald Caputo, Chair The Hon. Lewis F. Payne Daniel R. Abramson Don R. Pippin Robert D. Hardie John O. Wynne Glynn D. Key W. Heywood Fralin, Ex Officio Austin Ligon Edmund W. Kitch, Consulting Member John L. Nau, III, Consulting Member AGENDA PAGE I. REPORT BY THE ACTING COMMITTEE CHAIR (Mr. Wynne) Council of Foundations (Mr. Wynne to introduce 1 Mr. John L. Nau, III, Chair of the Council of Foundations; Mr. Nau to report) II. ACTION ITEM (Mr. Sweeney to introduce Dr. Arthur Garson, Jr.; Dr. Garson to report) Approval to establish a second Linden Kent Memorial 2 Professorship in English Literature III. REPORTS BY THE SENIOR VICE PRESIDENT FOR DEVELOPMENT AND PUBLIC AFFAIRS (Mr. Sweeney) 3 A. Vice President s Report 1. Philanthropic Cash Flow 2. Campaign Progress B. Reunions 2009 and Reunions Giving (Mr. Sweeney to introduce Mr. Jason Life, Director of Reunions and Class Activities, and Ms. Alison Traub, Assistant Vice President for Development; Mr. Life and Ms. Traub to report) IV. NAMINGS REPORT (Written Report) 5

3 UNIVERSITY OF VIRGINIA BOARD OF VISITORS AGENDA ITEM SUMMARY BOARD MEETING: June 12, 2009 COMMITTEE: AGENDA ITEM: ACTION REQUIRED: External Affairs I. Report by the Acting Committee Chair None BACKGROUND: The Council of Foundations brings together representatives from University-related fundraising foundations for discussions of matters of common concern, including but not limited to the Campaign and fundraising, and other topics that cultivate common goals for the good of the University of Virginia. DISCUSSION: Mr. Wynne will introduce Mr. John Nau, Chair of the Council of Foundations. Mr. Nau will provide an update on the work of the Council, including a brief report on the meeting held in Charlottesville on April 23,

4 UNIVERSITY OF VIRGINIA BOARD OF VISITORS AGENDA ITEM SUMMARY BOARD MEETING: June 12, 2009 COMMITTEE: AGENDA ITEM: External Affairs II. Approval to establish a second Linden Kent Memorial Professorship in English Literature BACKGROUND: Established in 1893, the Linden Kent Memorial Professorship in English Literature was funded by Leila M. White in honor of her late husband Linden Kent (Law 1870), who entered the University after his release from Union Army prisons. Mr. Kent was editor of the University Magazine and a Washington Society debating medalist. A prominent Washington, D.C., attorney, he died in There is an ongoing need for additional endowed chairs within the College and Graduate School of Arts and Sciences, specifically in the Department of English. Income generated by the Linden Kent endowment and the Linden Kent quasi-endowment is sufficient to fund two chairs, therefore the College and Graduate School of Arts and Sciences requests the establishment of a second Linden Kent Memorial Professorship in English Literature. ACTION REQUIRED: Approval to establish a second Linden Kent Memorial Professorship in English Literature. APPROVAL TO ESTABLISH A SECOND LINDEN KENT MEMORIAL PROFESSORSHIP IN ENGLISH LITERATURE WHEREAS, the Linden Kent Memorial Professorship in English Literature was established in 1893 with funds given by Leila M. White in honor of her late husband Linden Kent (Law 1870); and WHEREAS, there is a need for additional endowed chairs in the Department of English; and WHEREAS, the income generated by the Linden Kent endowment and the Linden Kent quasi-endowment is sufficient to fund two chairs; and WHEREAS, all restrictions found in the original agreement apply to the second Linden Kent Memorial Professorship; RESOLVED, the Board of Visitors approves the establishment of a second Linden Kent Memorial Professorship in English Literature. 2

5 UNIVERSITY OF VIRGINIA BOARD OF VISITORS AGENDA ITEM SUMMARY BOARD MEETING: June 12, 2009 COMMITTEE: AGENDA ITEM: ACTION REQUIRED: External Affairs III. Vice President s Remarks None DISCUSSION: Mr. Sweeney will report on philanthropic cash flow to-date for FY-09 and offer comparative data for the past three fiscal years. Cash flow through March 31, 2009, was $193.2 million, which represents a 12.8% decrease over FY-08, a 17.8% decrease over FY-07, and a 6.3% increase over FY-06. Mr. Sweeney will report on Campaign progress to-date for FY-09, including future support. As of March 31, 2009, the Campaign stood at $1.909 billion, including $196.6 million in future support, which reflects 63.64% in Campaign achievement in 65.63% of Campaign time-elapsed. Mr. Sweeney will also provide an overview of recent Campaign and Development events. Mr. Sweeney will introduce Mr. Jason Life, Director of Reunions and Class Activities, and Ms. Alison Traub, Assistant Vice President for Development. Mr. Life will report on Reunion programming and activities; Ms. Traub will report on Reunion giving. Organized by the Alumni Association, Reunions Weekend is held the first week of June each year. The Alumni Association acts as host and coordinates reunion activities for hundreds of guests over the course of three days of festivities. Reunions are celebrated in five-year increments: this year, alumni who graduated in years ending in 4 or 9 celebrated their reunions. The Alumni Association and the University work collaboratively to increase attendance at Reunions and to expand and enhance the quality of the programs available to attendees. The University and the Alumni Association continue to move Reunions toward a model (used at Princeton and other Ivy League schools) focusing on events and activities specifically geared toward individual classes. 3

6 Reunions Weekend also offers a chance for philanthropic support to the University in ways that are personally meaningful to alumni. Gifts may be designated to the University, individual schools and units, and other University programs. Through April 30, 2009, Reunion giving stood at $17.35 million from 3,916 donors, which reflects a 10% increase in dollars and a 5% increase in donors over FY-08. 4

7 NAMINGS REPORT EXTERNAL AFFAIRS COMMITTEE UNIVERSITY OF VIRGINIA JUNE 12, 2009

8 Namings Report The following Namings do not require Board action; they are enumerated below as a matter of record. I. Bjoring Conference Room (School of Nursing) The Bjoring Conference Room in McLeod Hall has been named in honor of Eleanor Crowder Bjoring, Ph.D. Ms. Bjoring, a well-known nursing professional, made a generous gift to the School of Nursing based on her acquaintance with retired nursing faculty member Barbara Brodie, and Arlene Keeling, Director of the Center for Nursing Historical Inquiry at the University. II. Firestone Lobby (College and Graduate School of Arts & Sciences) The lobby and stairwell gallery on the third floor of Ruffin Hall has been named the Firestone Lobby in honor of Susan F. Semegen and her family foundation, the Roger S. Firestone Foundation. Susan F. Semegen (A&S 77) and her husband, Daniel L. Semegen (A&S 74) have over a 25-year history of supporting the University. The Semegen s daughter, Sarah Semegen (A&S 06) is also a graduate of the University. III. Shure Review Studio and Outdoor Classroom (School of Architecture) An indoor review studio and accompanying outdoor classroom on the first floor of the South Addition of Campbell Hall has been named the Shure Review Studio and Outdoor Classroom. This is a contiguous indoor/outdoor space, which was enhanced and expanded during the Campbell Hall Building Addition and Renovation Project. Alumnus Michael Shure, Jr. (A&S, 88) made a gift to the School of Architecture Foundation through the Charles Evans Foundation in honor of his late father, Michael Shure (A&S, 60). The late Mr. Shure served six years on the School of Architecture Advisory Board and established the Harry Shure Endowed Visiting Professorship, along with his wife Alice Shure. 5